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Six-Unit Apartment Building
For Sale
$399,900

501 Thompson Street, Charleston, WV 25301

ResidentialIncome, Charleston, WV

Property Size8,000 SF
Price / SF$49.99
Days on Market144

Property Features for 501 Thompson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Full bathrooms 5
Rooms Bedroom 6, Bedroom 1, Bedroom 11, Bathroom 4, Bedroom 12, Bedroom 7, Bedroom 5, Bathroom 1, Bedroom 13, Bathroom 5, Bedroom 8, Bedroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 9, Bathroom 3, Bedroom 10, Bedroom 4
Parking features On Street
Appliances Oven, Range, Refrigerator
Elementary school Piedmont
Middle school Horace Mann
High school Capital
Directions WASHINGTON STREET EAST FROM CAPITOL TO RIGHT ON Thompson
Subdivision Charleston Proper
Standard status Active
APN 11-0020-0111-0000-0000
Size 8,000 SF

Taxes and HOA fees

Tax Description LT 1 BK D 50X135 THOMPSON & JACKSON STREETS 1536
Tax Annual Amount 4771
Legal Description LT 1 BK D 50X135 THOMPSON & JACKSON STREETS 1536

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

basements

Building Details

Floors in Building 2
Number of units 6
Flooring type Hardwood, Vinyl
Building materials Brick
Roof type Composition, Shingle
Architectural style Other
Listing Agency: Old Colony
Listed By: Misti Beach · License #0024400
Added: Apr 16 Changed: Sep 2 Last Checked: Sep 6 at 12:06AM
MLS# 282973

Copyright © 2026 Kanawha Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property contains six townhome units within an approximately 8,000-square-foot apartment building. Every unit includes a basement, while the improvements feature brick construction, hardwood and vinyl flooring, natural-gas forced-air heat, and central air conditioning. Reported updates include HVAC work in some units, with unit 6 excluded from that update note. The roof is approximately 10 years old and uses shingle and composition materials. Appliances include ovens, ranges, and refrigerators.

All six units are currently rented. Public water and public sewer serve the property, with on-street parking available. The offering is being sold as-is at 501 Thompson Street in Charleston, West Virginia.

Key Highlights

  • Six townhome units within an approximately 8,000 SF apartment building
  • All units include basements
  • All six units are currently rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Furniture & Home Goods Tanning Salon Carpet & Flooring Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby

Demographics for 25301, WV

2,908
Population
1,640
Households
1.8
Avg Household Size
47
Median Age
29%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
2,237
Density / Sq Mi
$21,063
Median Household Income
$28,466
Median Earnings
$488
Median Rent
$188,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six leased townhomes include basements and some HVAC updates; unit 6 is excluded from those HVAC updates.
Where is this apartment building located?
The property is located at 501 Thompson Street Charleston, WV.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six townhome units within an approximately 8,000 SF apartment building; All units include basements; All six units are currently rented
More about this property
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